Raleigh, NC 27616 Real Estate & Property Data

Raleigh, NC 27616 Real Estate Market Trends
Last Updated: September 06, 2025

A total of 848 residential properties have been sold over the past 12 months in 27616. With a median sales price of $410,000 in 27616 and a total of 3 foreclosures in Raleigh, NC 27616. Discover market trends and get the granular level real estate data for Raleigh, NC 27616 to keep your pulse on the housing market. Curate compelling home reports for Raleigh, NC 27616 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Raleigh, NC 27616 Real Estate Market Trends
Total Residential Properties 17,437
Total Commercial Properties 349
Avg. Home Age (Single Family Home) 24 Years
Avg. Square Feet (Single Family Home) 2,043
Total 2025 Residential Sales (year-to-date) 385
% of Homes Seriously Underwater (Q3 2025) 0.5%
Total 2024 Residential Sales 796
% of Equity Rich Homes (Q3 2025) 41.68%
Effective 2024 Property Tax 0.82%
Total Foreclosure Filings (year-to-date) 27
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Raleigh, NC 27616 Real Estate Overview

There were 848 residential properties sold in the past year in Raleigh, NC 27616. The median home value in Raleigh, NC 27616 is $359,121. There are a total of 17,437 residential properties in the 27616.

Median Sales Price i
$410,000
(Jun 2025)
-2.4%
year-over-year
y-o-y
  • June '25 Jun '25 $410,000
  • May '25 May '25 $423,500
  • April '25 Apr '25 $415,000
  • March '25 Mar '25 $465,000
  • February '25 Feb '25 $452,000
  • January '25 Jan '25 $465,000
  • December '24 Dec '24 $425,000
  • November '24 Nov '24 $450,000
  • October '24 Oct '24 $435,000
  • September '24 Sep '24 $448,500
  • August '24 Aug '24 $415,000
  • July '24 Jul '24 $402,500
Median Down Payment i
$74,001
(Jun 2025)
+46.2%
year-over-year
y-o-y
  • June '25 Jun '25 $74,001
  • May '25 May '25 $77,550
  • April '25 Apr '25 $70,750
  • March '25 Mar '25 $75,000
  • February '25 Feb '25 $48,604
  • January '25 Jan '25 $93,000
  • December '24 Dec '24 $57,000
  • November '24 Nov '24 $90,010
  • October '24 Oct '24 $57,350
  • September '24 Sep '24 $63,000
  • August '24 Aug '24 $65,167
  • July '24 Jul '24 $88,000
Number of Homes Sold i
69
(Jun 2025)
-12.7%
year-over-year
y-o-y
  • June '25 Jun '25 69
  • May '25 May '25 63
  • April '25 Apr '25 79
  • March '25 Mar '25 72
  • February '25 Feb '25 52
  • January '25 Jan '25 50
  • December '24 Dec '24 54
  • November '24 Nov '24 46
  • October '24 Oct '24 64
  • September '24 Sep '24 73
  • August '24 Aug '24 76
  • July '24 Jul '24 71
Number of Purchase Loans i
50
(Jun 2025)
-23.1%
year-over-year
y-o-y
  • June '25 Jun '25 50
  • May '25 May '25 56
  • April '25 Apr '25 70
  • March '25 Mar '25 72
  • February '25 Feb '25 44
  • January '25 Jan '25 43
  • December '24 Dec '24 48
  • November '24 Nov '24 47
  • October '24 Oct '24 70
  • September '24 Sep '24 72
  • August '24 Aug '24 66
  • July '24 Jul '24 56
Number of REFI Loans i
43
(Jun 2025)
+22.9%
year-over-year
y-o-y
  • June '25 Jun '25 43
  • May '25 May '25 37
  • April '25 Apr '25 51
  • March '25 Mar '25 31
  • February '25 Feb '25 24
  • January '25 Jan '25 38
  • December '24 Dec '24 25
  • November '24 Nov '24 44
  • October '24 Oct '24 41
  • September '24 Sep '24 38
  • August '24 Aug '24 41
  • July '24 Jul '24 36
Number of HELOC Loans i
27
(Jun 2025)
+3.8%
year-over-year
y-o-y
  • June '25 Jun '25 27
  • May '25 May '25 18
  • April '25 Apr '25 27
  • March '25 Mar '25 26
  • February '25 Feb '25 32
  • January '25 Jan '25 14
  • December '24 Dec '24 17
  • November '24 Nov '24 18
  • October '24 Oct '24 24
  • September '24 Sep '24 15
  • August '24 Aug '24 35
  • July '24 Jul '24 34

Raleigh, NC 27616 Foreclosure Activity

There were a total of 3 Raleigh, NC 27616 properties with a foreclosure filing in June 2025.

Total Foreclosure Filings i
3
(Jun 2025)
year-over-year
y-o-y
  • June '25 Jun '25 3
  • May '25 May '25 5
  • April '25 Apr '25 7
  • March '25 Mar '25 2
  • February '25 Feb '25 4
  • January '25 Jan '25 6
  • December '24 Dec '24 1
  • November '24 Nov '24 6
  • October '24 Oct '24 7
  • September '24 Sep '24 2
  • August '24 Aug '24 4
  • July '24 Jul '24 2
Foreclosure Starts i
3
(Jun 2025)
+50%
year-over-year
y-o-y
  • June '25 Jun '25 3
  • May '25 May '25 5
  • April '25 Apr '25 4
  • March '25 Mar '25 1
  • February '25 Feb '25 3
  • January '25 Jan '25 4
  • December '24 Dec '24 1
  • November '24 Nov '24 5
  • October '24 Oct '24 6
  • September '24 Sep '24 2
  • August '24 Aug '24 3
  • July '24 Jul '24 1
Completed Foreclosures (REOs) i
  • June '25 Jun '25 N/A
  • May '25 May '25 N/A
  • April '25 Apr '25 N/A
  • March '25 Mar '25 1
  • February '25 Feb '25 N/A
  • January '25 Jan '25 1
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 N/A
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